FOR IMMEDIATE RELEASE
October 24, 2019
Centennial Real Estate Investments Purchases Banner Bank Building
Boise, Idaho – Centennial Properties is proud to announce its purchase of the Banner Bank Building, 950 W. Bannock Street, from The Christensen Corporation on September 30, 2019.
The 11-story commercial office building is LEED (Leadership in Energy & Environmental Design) Core and Shell Platinum Rated (2006), the highest LEED rating for commercial buildings. The property is managed locally by Jameyn Allen, Director of Real Estate Investments.
Centennial Properties, a division of Cowles Company, has a rich history in the Spokane region and has expanded in recent years. According to Doug Yost, VP of Centennial Real Estate Investments, “We’ve been watching the Boise market closely for years see this acquisition as part of a long-term regional growth strategy. We are currently considering additional commercial properties in and around the downtown Boise core”.
“The Banner Bank Building is a welcome addition to our commercial real estate portfolio and we look forward to being a part of the vibrant Boise community.” said Betsy Cowles, Chairman of Cowles Company.